Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $456,703 per annum provides a strong return profile for the purchaser.
2. Body Corporate salary of $291,150 is CPI indexed, supporting ongoing income security.
3. Freestanding four bedroom manager’s residence on its own title is a highly desirable asset.
4. Established portfolio includes 53 permanent rental properties and three external lets.
5. Secure caretaking agreement provides operational continuity and income visibility.
6. Excellent systems, minimal office requirements and flexible hours support a lifestyle friendly operation.
7. Caretaking tasks can be outsourced, offering flexibility in managing day to day responsibilities.
8. Tweed Heads South is a sought after Northern NSW location within a thriving coastal community.
9. Opportunities exist to expand the letting pool beyond the current managed properties.
Management Rights Multiplier: 4.73
ROI Estimate: 13.97%